CAC 40 Edges Higher As Investors Await Key US Data
(RTTNews) - French stocks rose slightly on Monday as investors awaited a slew of U.S. data, including the all-important CPI report for January, due this week for further clarity on the rate outlook.
The benchmark CAC 40 was up 27 points, or 0.4 percent, at 7,157 after declining 0.8 percent on Friday.
Renault rose about 1 percent. The French automaker and Japanese automotive firm Nissan Motor Co., have announced plans to invest $600 million or 5300 crores Indian rupees in India, supporting the production of six new models, including two electric vehicles.
Drug major Sanofi was marginally higher. The company announced that John Reed, its Global Head of R&D, will be leaving the role to pursue a new opportunity outside the company.
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Swiss Market Ends On Buoyant Note
The Switzerland market closed on a buoyant note on Thursday with stocks from across several sectors moving higher on sustained buying interest amid optimism about earnings and hopes of some interest rate cuts by central banks.
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5ч 36мин назад
European Stocks Closed On Firm On Earnings, Slightly Easing Geopolitical Concerns
European markets closed higher on Thursday, and several indexes climbed to fresh record or multi-month highs, as investors picked up stocks, reacting to earnings and on hopes of an end to the war in Ukraine.
Hopes of more monetary easing by central banks, and optimism about an end to the ongoing war in Ukraine contributed to markets' upmove.
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6ч 6мин назад
U.S. Dollar Drops On Russia-Ukraine Peace Hopes
The U.S. dollar weakened against its major counterparts in the New York session on Thursday, amid optimism about ending the Russia-Ukraine war.
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6ч 34мин назад
U.S. Producer Price Growth Slightly Exceeds Estimates In January
Following yesterday's hotter than expected consumer price inflation data, the Labor Department released a report on Thursday showing U.S. producer prices also increased by slightly more than anticipated in the month of January. The Labor Department said its producer price index for final demand rose by 0.4 percent in January after climbing by an upwardly revised 0.5 percent in December.
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9ч 36мин назад
U.S. Jobless Claims Dip Slightly More Than Expected To 213,000
First-time claims for U.S. unemployment benefits fell by slightly more than expected in the week ended February 8th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims dipped to 213,000, a decrease of 7,000 from the previous week's revised level of 220,000.
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9ч 41мин назад
Siemens Q1 Net Profit Surges, Orders Down; Backs FY25 View; Stock Up
Shares of Siemens AG were gaining around 6 percent in the German trading on the XETRA after the conglomerate on Thursday reported significantly higher profit in its first quarter, benefited by a gain on sale of Innomotics, and confirmed fiscal 2025 comparable revenue growth outlook. This was despite reporting weak earnings from continuing operations and orders in the quarter.
RTTNews
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10ч 28мин назад
U.S. Producer Prices Rise Slightly More Than Expected In January
Following yesterday's hotter than expected consumer price inflation data, the Labor Department released a report on Thursday showing U.S. producer prices also increased by slightly more than anticipated in the month of January.
RTTNews
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11ч 5мин назад
U.S. Weekly Jobless Claims Dip Slightly More Than Expected
First-time claims for U.S. unemployment benefits fell by slightly more than expected in the week ended February 8th, according to a report released by the Labor Department on Thursday.
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11ч 11мин назад
